(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle climb to new six-month peak on rising cash market

Chicago | Reuters – U.S. live cattle futures scaled a six-month high on Monday, propelled by firming cash cattle and beef prices and strong packer margins, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 0.550 cent at 120.075 cents per pound, its highest level since April 25. February futures gained 0.375 cent

(Photo courtesy Canada Beef Inc.)

U.S. livestock: Live cattle set six-month high on fund buying, firm cash prices

Chicago | Reuters – U.S. live cattle futures shot to a six-month high on Friday and feeder cattle reached their highest prices since May on fund buying and strength in the cash market, analysts said. Chicago Mercantile Exchange (CME) December live cattle settled up 2.3 cents at 119.525 cents per pound after reaching 119.7 cents,


Photo: File

U.S. livestock: Cattle futures retreat from multi-month highs

Chicago | Reuters – U.S. cattle futures fell on Thursday in a turnaround from multi-month highs reached the previous session. Chicago Mercantile Exchange (CME) December live cattle ended 1.075 cents lower at 117.225 cents per pound after reaching 118.600 cents on Wednesday, its highest since April 25. CME most-active January feeder cattle futures slipped 0.125



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U.S. livestock: Live hogs slump on U.S.-China trade uncertainty, cattle continue rally

Chicago | Reuters – U.S. live hog futures slid on Tuesday amid conflicting news about U.S.-China trade talks next month, traders said, while cattle futures continued to rally on funds’ adding to their positions. So far, beef demand is showing no sign of waning, according to federal government data. The wholesale choice beef cutout price

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U.S. livestock: Live cattle continue to rally on strong cash prices, fund buying

Chicago | Reuters – U.S. live cattle futures extended their rally on Monday, lifted by strong cash cattle and beef prices, and funds continuing to add to their positions, traders said. The wholesale choice beef price hit $227.51 per cwt on Monday, up $2.07, the U.S. Department of Agriculture (USDA) said. The wholesale select beef prices rose